NOT LISTED FOR SALE

415 5th Ave Olean, NY 14760

Estimated Value: $81,000 - $108,000

2 Beds
1 Bath
1,179 Sq Ft
$78/Sq Ft Est. Value

Last Sold June 06, 2019

Last sale price $39,500 $34 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $569/month

119 Days on Market

Highlights

  • Den
  • Forced Air Cooling System
  • Wall to Wall Carpet
  • Eat-In Kitchen

About This Home

As of June 2019

Perfect starter home with many updates. Nice quiet location on dead end street close to store and hospital.

Last Agent to Sell the Property

Thomas Butler

Listing by Southern Tier Realty Co. Inc. License #10311202991 Listed on: 11/16/2018

Last Buyer's Agent

Thomas Butler

Listing by Southern Tier Realty Co. Inc. License #10311202991 Listed on: 11/16/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1895

Lot Details

  • 6,500 Sq Ft Lot
  • Lot Dimensions are 130 x 50

Interior Spaces

  • 1,179 Sq Ft Home
  • 2-Story Property
  • Den
  • Wall to Wall Carpet
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • No Garage
  • Stone Driveway

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number 041200-094-050-0003-055-000-0000

Home Details

Home Type

Single Family

Year Built

Built in 1895

Lot Details

0

Listing Details

  • NY Swis Code: Olean-City-041200
  • Total Assessed Value: 46000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 130
  • Lot Dimension Front: 50
  • Lot Number: 55
  • Nearest Cross Street: School
  • Number of Stories: 2.0000
  • Property Type: Single Family Residential
  • Ratio Close Price By Acres: 264745.31
  • Ratio Close Price By Sq Ft: 33.50
  • Ratio List Price By Acres: 321045.58
  • Ratio List Price By Sq Ft: 40.63
  • Regional Board Code: Buffalo
  • School Tax: 1210
  • Styles of Residence: 2 Story
  • Sub Board Code: Buffalo
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 6500
  • Age of Building: 127
  • Year Built: 1895
  • Directions To Property: Front St. to School St. to Fifth Ave.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1895

Interior Features

  • Full Bathrooms: 1
  • Additional Rooms: Den/Study
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Negotiable
  • Kitchen Dining Description: Eat-In
  • Number of Bedrooms 2nd Floor: 2
  • Number of 1st Floor Full Bathrooms: 1
  • Number of Rooms: 5
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Total Sq Ft: 1179

Exterior Features

  • Construction: Aluminum/Steel
  • Number of Acres: 0.1492

Garage/Parking

  • Driveway Description: Stone/Gravel
  • Garage Description: No Garage

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 041200-094-050-0003-055-000-0000

Tax Info

  • Total Taxes: 2547

MLS Schools

  • School District Name: Olean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2018
Closed on
Apr 11, 2019
Sold by
Palumbo Thomas
Bought by
Elliott Rentals Llc
Seller's Agent
Thomas Butler
Southern Tier Realty Co. Inc.
Buyer's Agent
Thomas Butler
Southern Tier Realty Co. Inc.
List Price
$47,900
Sold Price
$39,500
Premium/Discount to List
-$8,400
-17.54%
Current Estimated Value
$91,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,167
Avg. Annual Appreciation
13.52%
Original Mortgage
$34,500
Outstanding Balance
$30,332
Interest Rate
4.3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$61,335

Purchase Details

Listed on
Nov 16, 2018
Closed on
Apr 10, 2019
Sold by
Palumbo Thomas
Bought by
Elliott Rentals Llc
Seller's Agent
Thomas Butler
Southern Tier Realty Co. Inc.
Buyer's Agent
Thomas Butler
Southern Tier Realty Co. Inc.
List Price
$47,900
Sold Price
$39,500
Premium/Discount to List
-$8,400
-17.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,500
Outstanding Balance
$30,332
Interest Rate
4.3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$61,335

Purchase Details

Closed on
Mar 7, 2002
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Elliott Rentals Llc $39,500 None Available
Elliott Rentals Llc $39,500 None Available
-- $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elliott Rentals Llc $34,500
Closed Elliott Rentals Llc $34,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2019 06/06/19 Sold $39,500 -17.5% $34 / Sq Ft
03/15/2019 03/15/19 Pending -- -- --
11/16/2018 11/16/18 For Sale $47,900 -- $41 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,908 $46,000 $5,100 $40,900
2023 $1,732 $46,000 $5,100 $40,900
2022 $1,757 $46,000 $5,100 $40,900
2021 $1,808 $46,000 $5,100 $40,900
2020 $3,917 $46,000 $5,100 $40,900
2019 $690 $46,000 $5,100 $40,900
2018 $2,481 $46,000 $5,100 $40,900
2017 $1,865 $46,000 $5,100 $40,900
2016 $1,844 $46,000 $5,100 $40,900
2015 -- $46,000 $5,100 $40,900
2014 -- $46,000 $5,100 $40,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B1160732

Western New York Real Estate Information Services (WNYREIS)

APN: 041200-094-050-0003-055-000-0000